displays low income inequality and high social mobility? Using data on 1.45M Finnish individuals and their parents, we find …Why is invention strongly positively correlated with parental income not only in the US but also in Finland which … that: (i) the positive association between parental income and off-spring probability of inventing is greatly reduced when …

adults and children. Using microdata from 33 African countries, this paper documents the co-evolution of adult education … with the educational outcomes of children. As fertility declines, children's grade attainment rises, but their school … education. Rising women's education predicts declining fertility and rising children's grade attainment, but it is less …

regression methods to produce an intergenerational elasticity curve that measures how marginal changes in income at each age … affect expected offspring permanent income. Using the PSID, estimates of this curve exhibit near monotonicity with respect to …-specific effects for occupation. We conclude that important information about the links between parental incomes and children exists …

outcomes (including children's own expected lifetime resources and education) than the income measures traditionally used in … of lifetime resources (income and wealth) motivated by economic theory that account for generational differences in life … wage income and disposable income measured over narrow windows of age that are used to proxy lifetime wealth. The …

. Analyses of a large-scale longitudinal dataset in the U.S., and a much smaller dataset of Chinese parents and children, show … income-enhancing physical traits. To illustrate how heredity produces intergenerational economic effects, this study uses one … trait, beauty, to infer the extent to which parents' physical characteristics transmit inequality across generations …

uncertainty about future income. We identify the effects of parents' resources on child outcomes through policy shocks at … different childhood ages that affect family investments. Parents' expected lifetime resources are stronger predictors of child … outcomes than the income measures traditionally used in the literature on social mobility. Moreover, while effects estimated …